MOD Pizza acquired following store closures, report of potential bankruptcy

The acquisition comes after the pizza chain closed more than 20 “underperforming” locations this year, according to a report in April.

SEATTLE — MOD Pizza announced Wednesday it has been acquired following the shuttering of several locations earlier this year and a report it was considering filing for bankruptcy.

Bellevue-based MOD Pizza said Southern California-based Elite Restaurant Group has acquired 100% of the company’s equity. 

“MOD is a beloved brand with a strong following,” said Beth Scott, CEO of MOD Pizza. “We’re excited to work with Elite Restaurant Group to strengthen MOD’s future.”

This comes after the pizza chain closed more than

→ Continue reading at King 5

Similar Articles

Advertisment

Most Popular